06416oam 22012854 450 991078903510332120230803034329.01-4843-1174-41-4843-1168-X1-4843-1185-X(CKB)3710000000086807(EBL)1599862(SSID)ssj0001162621(PQKBManifestationID)11794624(PQKBTitleCode)TC0001162621(PQKBWorkID)11139921(PQKB)11492438(MiAaPQ)EBC1599862(Au-PeEL)EBL1599862(CaPaEBR)ebr10831139(CaONFJC)MIL569633(OCoLC)869095086(IMF)1LBREE2013002(IMF)1LBREA2013002(EXLCZ)99371000000008680720020129d2013 uf 0engurcnu||||||||txtccrLiberia : Second Review Under the Extended Credit Facility Arrangement and Request for Waiver of Nonobservance of Performance Criteria and Modification of a Performance CriteriaWashington, D.C. :International Monetary Fund,2013.1 online resource (110 p.)IMF Staff Country ReportsDescription based upon print version of record.1-4843-1152-3 Cover; CONTENTS; LIBERIA'S REFORM AGENDA: ACHIEVEMENTS AND CHALLENGES; BOXES; 1. Overcoming the Binding Constraints to Growth; RECENT DEVELOPMENTS; PROGRAM PERFORMANCE; POLICY DISCUSSIONS; A. Outlook and Risks; B. Improving Budget Execution and Scaling Up Public Investment; 2. Liberia's FY2014 Budget; C. Strengthening the Monetary and Exchange Rate Policy Framework; 3. Recent Exchange Rate Developments; D. Enhancing Access to Credit; 4. Improving Access to Finance While Maintaining Financial Stability; E. Addressing Debt Management and Trade Liberalization ChallengesPROGRAM MONITORING AND RISKS STAFF APPRAISAL; FIGURES; 1. Recent Economic Developments; 2. Monetary and Financial Developments; 3. Medium-Term Outlook, 2010-17; 4. Medium-Term Fiscal Outlook, FY2010-17; TABLES; 1. Selected Economic and Financial Indicators, 2011-17; 2. Balance of Payments, 2011-17; 3. Monetary Survey, 2011-15; 4. Financial Soundness Indicators, 2009-July 2013; 5. Medium-Term Outlook, 2011-17; 6a. Fiscal Operations of the Central Government, FY2011-17 (Millions of U.S. dollars); 6b. Fiscal Operations of the Central Government, FY2011-17 (Percent of GDP)7. Schedule of Disbursements Under the ECF Arrangements, 2012-15 APPENDIX; I. Letter of Intent; Attachment 1. Memorandum of Economic and Financial Policies of the Government of Liberia for FY2013/14; Attachment 2. Technical Memorandum of Understanding; CONTENTS; RELATIONS WITH THE FUND; JOINT WORLD BANK-IMF WORK PROGRAM, 2012-13; RELATIONS WITH THE WORLD BANK GROUP; RELATIONS WITH THE AFRICAN DEVELOPMENT BANK; STATISTICAL ISSUESThis paper discusses Liberia’s Second Review Under the Extended Credit Facility (ECF) Arrangement and Request for Waiver of Nonobservance of Performance Criteria and Modification of a Performance Criterion. Program performance has weakened relative to the previous review, as well as the former ECF-supported arrangement. Three out of six performance criteria and two out of four indicative targets were missed. The IMF staff supports the completion of the second review of the ECF arrangement and the authorities’ request for waivers of performance criteria and modification of the domestic financing performance criterion.IMF Staff Country Reports; Country Report ;No. 2013/365Finance, PublicLiberiaExports and ImportsimfForeign ExchangeimfMacroeconomicsimfMoney and Monetary PolicyimfPublic FinanceimfStatisticsimfDebtimfDebt ManagementimfSovereign DebtimfInternational Lending and Debt ProblemsimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfNational Government Expenditures and Related Policies: GeneralimfData Collection and Data Estimation MethodologyimfComputer Programs: OtherimfPublic finance & taxationimfInternational economicsimfMonetary economicsimfCurrencyimfForeign exchangeimfEconometrics & economic statisticsimfPublic debtimfCreditimfExternal debtimfNational accountsimfPublic investment and public-private partnerships (PPP)imfMoneyimfExpenditureimfDebts, PublicimfDebts, ExternalimfNational incomeimfLiberiaimfFinance, PublicExports and ImportsForeign ExchangeMacroeconomicsMoney and Monetary PolicyPublic FinanceStatisticsDebtDebt ManagementSovereign DebtInternational Lending and Debt ProblemsMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralNational Government Expenditures and Related Policies: GeneralData Collection and Data Estimation MethodologyComputer Programs: OtherPublic finance & taxationInternational economicsMonetary economicsCurrencyForeign exchangeEconometrics & economic statisticsPublic debtCreditExternal debtNational accountsPublic investment and public-private partnerships (PPP)MoneyExpenditureDebts, PublicDebts, ExternalNational incomeDcWaIMFBOOK9910789035103321Liberia2654317UNINA